Investment Opportunity – 1715 Sichel Street, Los Angeles, CA
Presenting 1715 Sichel St, a 5-unit multi-family property in the heart of Los Angeles, perfect for investors looking for a contractor special. This property, located on a 6,141 sq. ft. lot, offers a total of 5 bedrooms and 5 bathrooms, with each unit having its own bathroom.
The property is in need of TLC and is a fantastic opportunity for those with a vision for renovation or value-add potential. It is currently under REAP (Rent Escrow Account Program), which adds to its potential as a project for experienced investors ready to bring it up to code and maximize rental income.
The three-vehicle garage, totaling 504 sq. ft., provides additional value. Once renovated, this property will have strong potential for rental income in a desirable Los Angeles location with easy access to schools, amenities, and attractions.
Don’t miss this chance to take advantage of the real estate market in one of LA’s thriving neighborhoods! The 5 Units next door are also for sale. Get them before they are gone.
Presenting 1715 Sichel St, a 5-unit multi-family property in the heart of Los Angeles, perfect for investors looking for a contractor special. This property, located on a 6,141 sq. ft. lot, offers a total of 5 bedrooms and 5 bathrooms, with each unit having its own bathroom.
The property is in need of TLC and is a fantastic opportunity for those with a vision for renovation or value-add potential. It is currently under REAP (Rent Escrow Account Program), which adds to its potential as a project for experienced investors ready to bring it up to code and maximize rental income.
The three-vehicle garage, totaling 504 sq. ft., provides additional value. Once renovated, this property will have strong potential for rental income in a desirable Los Angeles location with easy access to schools, amenities, and attractions.
Don’t miss this chance to take advantage of the real estate market in one of LA’s thriving neighborhoods! The 5 Units next door are also for sale. Get them before they are gone.
Property Details
Price:
$799,000
MLS #:
GD24185090
Status:
Active
Baths:
0
Address:
1715 Sichel Street
Type:
Commercial
Subtype:
Multi Family
Neighborhood:
677lincolnhts
City:
Los Angeles
Listed Date:
Sep 5, 2024
State:
CA
ZIP:
90031
Year Built:
1932
Schools
Interior
Exterior
Stories Total
1
Water Source
Public
Financial
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Courtesy of Las Casas Realty, Inc.. Disclaimer: All data relating to real estate for sale on this page comes from the Broker Reciprocity (BR) of the California Regional Multiple Listing Service. Detailed information about real estate listings held by brokerage firms other than BUSINESS MA include the name of the listing broker. Neither the listing company nor BUSINESS MA shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. The Broker providing this data believes it to be correct, but advises interested parties to confirm any item before relying on it in a purchase decision. Copyright 2024. California Regional Multiple Listing Service. All rights reserved. 1715 Sichel Street
Los Angeles, CA
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